Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%
Corroborated by 4 sources from 4 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, whirlpool slashed its full-year earnings forecast and suspended its common stock dividend on Thursday after posting a first-quarter loss, citing the war in Iran for a severe drop in appliance demand across the U.S.
Sources
1
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/article/whirlpool-stock-sinks-20-cfo-says-appliance-demand-hasnt-been-this-low-since-the-great-financial-crisis-221144728.html
2
CNBC 15838368
https://www.cnbc.com/video/2026/05/07/whirlpool-says-iran-war-caused-recession-level-industry-decline-in-u-s.html
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/whirlpool-q1-earnings-miss-cuts-123916210.html
4
Forbes Business
https://www.forbes.com/sites/tylerroush/2026/05/07/whirlpool-shares-plummet-21-after-recession-level-industry-decline-hits-earnings
5
CNBC Top News
https://www.cnbc.com/2026/05/07/whirlpool-says-iran-war-causing-recession-level-industry-decline-the-shares-are-down-20percent.html
6
Seeking Alpha Market News
https://seekingalpha.com/article/4900290-whirlpool-corporation-2026-q1-results-earnings-call-presentation?source=feed_all_articles